The result feels nice if you've been getting scruffly, but I don't think the act itself is anything special. I'd prefer not having to shave, all considered.
If you find the experience soothing, there exists such a social group as the 'shaving nerds'. It's weird.
They tend to use old-fashioned safety razors, which actually do produce a much smoother shave once you get past the scarred noob stage.
http://www.shavingstuff.com/
A picture of a hairy back MAY grace the page, you have been warned. Yuck.